CLEAN: Fallout on the bailout after Strauss-Kahn arrest

CLEAN: Fallout on the bailout after Strauss-Kahn arrest

Assessment

Interactive Video

Business, Social Studies, History

11th - 12th Grade

Hard

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The transcript discusses the Portuguese bailout plan, noting that recent events, such as an arrest, are unlikely to derail its progress. Despite the arrest of a key figure, the expertise within the IMF remains intact, and the euro's market reaction has been minimal. The overall conclusion is that the progress made in the bailout is significant enough to withstand these challenges, although the situation adds uncertainty to the European Monetary Union.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason the Portuguese bailout plan is unlikely to be derailed by recent news?

The plan is already too far along to be affected.

The arrest of a chief has no impact on the plan.

The European Union has taken over the plan.

The IMF has decided to cancel the plan.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the euro react to the news of the arrest?

It experienced a dramatic fall.

It significantly increased in value.

It remained completely stable.

It fell slightly during Asian hours.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the euro's position by the close of US trading on Friday?

It was unaffected by the news.

It was gaining strength.

It was on the backfoot.

It was at an all-time high.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the overall conclusion about the Portuguese bailout progress despite the arrest?

The progress is likely to be reversed.

The progress is significant and remains unaffected.

The progress is minimal and at risk.

The progress has been halted indefinitely.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the news of the arrest do to the European Monetary Union?

It dissolves the EMU.

It has no effect on the EMU.

It thickens the cloud over the EMU.

It clears the cloud over the EMU.